Dublin Divorce
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- 18
can’t do a PIP due to my job.
€3k salary from HSE employment
In an ideal world my new partner and I would like to self build so could potentially move some of the negative equity to a new house.
Even if they agreed to let me sell the property and carry a share of the negative equity? Or would that not be possible as I am jointly and severally liable so it wouldn’t be split at all?This will only be possible if he can get a mortgage on his own. They will not give you a joint mortgage when you have such big borrowings already.
Brendan
1. 2 identical houses for sale in the estate at €500k and neither has sold in the last 6 months so €500 is probably optimistic. It’s typical I own a house in about the only area of Dublin that hasn’t recovered. :-(A few obvious questions here.
- €500k valuation looks low for a €780k peak purchase. Has it been valued recently?
- How come you haven't paid off more principal in 12 years?
- Higher rent available than you're currently getting I would think
- Is the only work available to you as a pharmacist 150km away and paying €3k a month?
3. Currently renting the rooms under the rent a room scheme as I was living there until
You're already in breach of the exemption for rent a room relief:Yes I need to change the arrangement to renting the house formally and estate agent values that at 2400 /month but i’d be paying 40% tax on part of that so wouldn’t give me any real additional income
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